Services

NEWS FLASH

UPCOMING WEBINAR - PANAMA AND DOMINICAN REPUBLIC ELECTIONS OUTLOOK...

Learn More

COUNTRY INSIGHTS

States and Municipalities Add to the Fiscal Expansion
BRAZIL ECONOMICS · Report · 10 Jun 2013

The weak economic growth and expansionary fiscal policy that have raised the risks of dangerous growth of the public debt were responsible for the change in the Brazilian outlook from stable to negative by S&P. In addition to the decline in the primary surplus of the central government, which was...

Change Course?
BRAZIL ECONOMICS · Report · 10 Jun 2013

Executive SummaryConcern over inflation has led the Central Bank to signal a more intense monetary tightening cycle is in store, with the yield curve last week indicating the cycle might end with the SELIC rate at 9.25%. The high inflation is being driven by the steep increase in absorption in pr...

S&P Changes Brazil’s Outlook from Stable to Negative
BRAZIL ECONOMICS · Report · 07 Jun 2013

S&P announced a change in Brazil's outlook from stable to negative. The decision was based on the fact that, in the absence of corrective measures, the weak GDP growth combined with a continually expansionary fiscal policy (including off-budget measures) generates the risk of weakening the countr...

IOF on Capital Flows to the Fixed-Income Market Removed
BRAZIL ECONOMICS · Report · 05 Jun 2013

The Finance Ministry announced the elimination of the IOF (Tax on Financial Operations) on investments from abroad in the fixed-income market. The IOF rate had been raised from 2% to 4% on October 4, 2010, and then to 6% on October 18, 2010, staying there until today. The decision did not come...

Industrial Production
BRAZIL ECONOMICS · Report · 04 Jun 2013

After accounting for seasonal factors, industrial output rose 1.8% in April, or 8.4% in relation to the same month in 2012 (Graph 1). There were substantial increases in vehicles (8.2%); machinery and equipment (7.9%); and foods (4,8%), and the result for the month was very diffused, covering a l...

Credit: No Reasons for Optimism
BRAZIL ECONOMICS · Report · 03 Jun 2013

In assessing the reasons for the weak GDP performance in the first quarter, two points stand out. The first is the fall in the contribution of household consumption, which grew only 0.1%, and the second is the slower growth of GDP in the service sector, largely determined by the stagnation of fin...

Copyright 2024 GlobalSource Partners. All rights reserved.